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The Latest Breaking News from Mark Vassella

Bluescope Steel entices shareholders with $438m payday

Australia's biggest steelmaker will pay investors a special dividend of $1 per share after rejecting a takeover overture from Kerry Stokes and a US partner.

AAP · Jan 13

BlueScope Steel keen on Whyalla's iron ore resource

Steel giant BlueScope is leading a consortium to potentially acquire the Whyalla Steelworks, an asset it views as having potential beyond its core business.

AAP · Nov 18, 2025

No future made in Australia without gas: Bluescope boss

Australian industrial gas users are subsidising the cost of gas going to competitors overseas dues to a broken pricing system, Bluescope Steel's boss says

AAP · Oct 8, 2025

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Steel boss complains about local gas market 'madness'

Australia must stop prioritising gas exports over domestic supply and introduce a permanent reserve and price mechanism for gas, a big steelmaker says.

AAP · Aug 18, 2025

BlueScope posts $2.8b record profit, reaffirms commitment to reducing carbon emissions

Australia's largest steelmaker BlueScope signals its intention to reinvest into capital works including extensive carbon abatement programs after posting its best-ever profit result.

ABC News · Aug 15, 2022

BlueScope delivers slap on 'broken' energy

BlueScope Steel has delivered a sharp warning to fix the 'broken' energy market or risk losing national industrial assets such as Port Kembla steelworks.

AAP · Aug 15, 2022

BlueScope posts record profit on hot steel

BlueScope Steel has posted a record profit with products in the 'sweet spot' on global trends including lower emissions, hybrid work and the rise of e-commerce.

AAP · Aug 14, 2022

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BlueScope promises steel for first NSW-built wind turbines after securing $55m grant

BlueScope says its Port Kembla facility will produce the first NSW-built wind turbines, after securing a $55.4 million federal grant to upgrade its steelmaking capability.

ABC News · Mar 15, 2022

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